William Binney was a 30 year veteran official of the National Security Agency who resigned in October 2001 to blow the whistle on the NSA’s deliberate violation of the constitution. Now, 13 years after the events of 9/11 that helped the NSA justify its total surveillance dragnet, Binney has signed the Architects and Engineers for 9/11 Truth’s petition calling for a new investigation into 9/11. Today we talk to Richard Gage, founder of AE911Truth.org, and William Binney himself, about this petition, its significance, and the ongoing quest for 9/11 truth and justice.
Unless of course you think washington is run by idiots. To be sure, there are idiots in washington, but they’re not running the show. The financial speculators behind the scenes know exactly what they’re doing.
In this episode we speak with James Corbett of CorbettReport.com about how the West is creating and funding it’s own enemies abroad. We discussed in this program how Russia has been backed into a position where it must unite with its neighbors politically, with others in the BRICs nations economically, and China militarily in an effort to counteract NATO/US/EU encroachment into Russia’s sphere of influence. We also speak about how western intelligence agencies have created, funded, and propagandized on behalf of ISIS, again, creating another external threat. Finally we comment on the protests in Furgeson and how the media and police are exaserbating the problem. Join us as we discuss the major issues of the world today.
It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to ‘de-dollarize'; and the latest to join this trend is serial-defaulter Argentina. As Reuters reports, China and Argentina’s central banks have agreed a multi-billion dollar currency swap operation “to bolster Argentina’s foreign reserves” or “pay for Chinese imports with Yuan,” as Argentina’s USD reserves dwindle. In addition, Argentina claims China supports the nation’s plans in the defaulted bondholder dispute.
Having met ‘on the sidelines’ in Basel, Switzerland in July, Argentine and Chinese central banks agreed to a currency swap equivalent to $11b that Cabinet Chief Jorge Capitanich said could be used to stabilize reserves.. (as Reuters reports)…
In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid investments, have been eliminated from the list of high-quality liquid collateral. assets (HQLA). That means banks that are the largest holders of munis are liable to start dumping them in favor of the Treasuries and corporate bonds that do satisfy the requirement.
Muni bonds fund the nation’s critical infrastructure, and they are subject to the whims of the market: as demand goes down, interest rates must be raised to attract buyers. State and local governments could find themselves in the position of cash-strapped Eurozone states, subject to crippling interest rates. The starkest example is Greece, where rates went as high as 30% when investors feared the government’s insolvency. Sky-high interest rates, in turn, are the fast track to insolvency. Greece wound up stripped of its assets, which were privatized at fire sale prices in a futile attempt to keep up with the bills.
The first major hit to US municipal bonds occurred with the downgrade of two major monoline insurers in January 2008. The fault was with the insurers, but the taxpayers footed the bill. The downgrade signaled a simultaneous downgrade of bonds from over 100,000 municipalities and institutions, totaling more than $500 billion. The Fed’s latest rule change could be the final nail in the municipal bond coffin, another misguided move by regulators that not only does not hit its mark but results in serious collateral damage to local governments – maybe serious enough to finally propel them into bankruptcy.
Why this unprecedented move by US regulators? It is not because municipal bonds are too risky, since corporate bonds with lower credit ratings are accepted under the new rules. Nor is it that the stricter standard is required by the Basel Committee on Banking Supervision (BCBS), the BIS-based global regulator agreed to by the G20 leaders in 2009. The Basel III Accords set by the BCBS are actually more lenient than the US rules and do not include these HQLA requirements. So what’s going on?
From the Inscrutable, Unaccountable Fed
The rule change was detailed by Pam Martens and Russ Martens in a September 4th article titled “The Fed Just Imposed Financial Austerity on the States.” They write that on September 3rd:
The Federal regulators adopted a new rule that requires the country’s largest banks – those with $250 billion or more in total assets – to hold an increased level of newly defined “high quality liquid assets” (HQLA) in order to meet a potential run on the bank during a credit crisis. In addition to U.S. Treasury securities and other instruments backed by the full faith and credit of the U.S. government (agency debt), the regulators have included some dubious instruments while shunning others with a higher safety profile.
Bizarrely, the Fed and its regulatory siblings included investment grade corporate bonds, the majority of which do not trade on an exchange, and more stunningly, stocks in the Russell 1000, as meeting the definition of high quality liquid assets, while excluding all municipal bonds – even general obligation municipal bonds from states with a far higher credit standing and safety profile than BBB-rated corporate bonds.
This, rightfully, has state treasurers in an uproar. The five largest Wall Street banks control the majority of deposits in the country. By disqualifying municipal bonds from the category of liquid assets, the biggest banks are likely to trim back their holdings in munis which could raise the cost or limit the ability for states, counties, cities and school districts to issue muni bonds to build schools, roads, bridges and other infrastructure needs. This is a particularly strange position for a Fed that is worried about subpar economic growth. …
That the Fed and its regulatory cohorts have to resort to this implausible plan – which crimps the ability of states and localities to raise essential funds to operate – in a strained effort to pretend that they’ve found a means of avoiding another massive bailout of Wall Street in a crisis, is just further proof that the only way to seriously deal with too-big-to-fail banks is to restore the Glass-Steagall Act and break up these complex creatures before they strike again.
The rule change may not have much effect in a crash, but where it will have a major effect is on the cost of credit, which will increase for municipal governments and decrease for corporate and financial institutions. The result will be to further shift power and financial resources from the public sector to the private sector.
Why would regulators dangerously jeopardize state and local government budgets in this way? Skeptical observers speculate that the intent is to Detroit-ize municipal governments, so that assets can be stripped as is being done in that imperiled city. The international bankers got away with asset-stripping Greece. Why not make the US itself a wholly-owned subsidiary of private banking interests?
If that seems far-fetched, consider what is happening with Argentina, which has been forced into bankruptcy by a US court to satisfy the exaggerated claims of certain hold-out vulture funds. IMF regulators have discussed establishing an international bankruptcy court that could strip a country such as Argentina of its assets, including prime sections of real estate, to pay off the nation’s creditors. …
9/11 was nothing if not a multi-purpose job.
The fascists got to turn the US into a police state – and make a fortune in the process.
The weapons makers got a super bonus.
Dirt bag politicians who couldn’t get re-elected as dog catchers got to pose as statesmen.
Oil companies got to triple and more the price of a barrel of crude.
Israel got the US war machine unleashed on its enemies and was granted further leave to savagely abuse the Palestinians whose lands they stole.
Even the Twin Tower’s owners got a break. The Twin Towers were packed with asbestos that made the buildings technically in violation of the building code. Abatement would have been financially impossible. 9/11 solved that problem.
9/11 also solved another problem.
It made hundreds of employees of various brokerage houses who were privy to some massively dirty financial dealings disappear – permanently. The explosion at the Pentagon also eliminated some troublesome human resources problems: high level fraud investigators hot on the trail of a massive case.
If you want to trace the claims made in this video, you can do that here: References for Black 911
Well maybe not the ultimate. Creating money out of thin air comes close. In any case:
This is an article about the intentional construction of false reality.
Not a minor construction—a huge, enduring, institutional, wing-flapping, money-munching, poison-dispensing, Matrix-welding, yet “humanity-saving” invention.
In the wake of CDC whistleblower William Thompson’s confession that he buried a vaccine-autism connection, some people reacted with shock—as if this was the first case of rank fraud that had ever taken place within the hallowed halls of medical research.
How about a whole branch of modern medicine that is a fraud from top to bottom?
Let us turn the page to Psychiatry.
And the lying liars who lie about it.
Most Americans don’t have a clue about the way psychiatry actually works or its pose of being a science.
The public hears techno-speak and nods and surrenders.
If psychiatrists are experts on the human mind, mice can navigate the Arctic in canoes. But psychiatrists are educated to be able to talk a good game.
And politicians are more than happy to mouth vagaries, and consign the problems of society to “mental-health professionals.”
It turns out that the phrase “mental health” was invented by psyop specialists, who needed to create an analogy to physical well-being. They needed to, because:
THERE ARE NO DEFINITIVE LABORATORY TESTS FOR ANY SO-CALLED MENTAL DISORDER.
And along with that:
ALL SO-CALLED MENTAL DISORDERS ARE CONCOCTED, NAMED, LABELED, DESCRIBED, AND CATEGORIZED by a committee of psychiatrists, from menus of human behaviors.
Their findings are published in periodically updated editions of The Diagnostic and Statistical Manual of Mental Disorders (DSM), printed by the American Psychiatric Association.
Of course, pharmaceutical companies, who manufacture highly toxic drugs to treat every one of these “disorders,” are leading the charge to invent more and more mental-health categories, so they can sell more drugs and make more money.
But we have a mind-boggling twist. Under the radar, one of the great psychiatric stars, who has been out front in inventing mental disorders, went public. He blew the whistle on himself and his colleagues. And for years, almost no one noticed.
His name is Dr. Allen Frances, and he made VERY interesting statements to Gary Greenberg, author of a Wired article: “Inside the Battle to Define Mental Illness.” (Dec.27, 2010).
Major media never picked up on the interview in any serious way. It never became a scandal.
Dr. Allen Frances is the man who, in 1994, headed up the project to write the latest edition of the psychiatric bible, the DSM-IV. This tome defines and labels and describes every official mental disorder. The DSM-IV eventually listed 297 of them.
In an April 19, 1994, New York Times piece, “Scientist At Work,” Daniel Goleman called Frances “Perhaps the most powerful psychiatrist in America at the moment…”
Well, sure. If you’re sculpting the entire canon of diagnosable mental disorders for your colleagues, for insurers, for the government, for Pharma (who will sell the drugs matched up to the 297 DSM-IV diagnoses), you’re right up there in the pantheon.
Long after the DSM-IV had been put into print, Dr. Frances talked to Wired’s Greenberg and said the following:
“There is no definition of a mental disorder. It’s bullshit. I mean, you just can’t define it.”
That’s on the order of the designer of the Hindenburg, looking at the burned rubble on the ground, remarking, “Well, I knew there would be a problem.”
After a suitable pause, Dr. Frances remarked to Greenberg, “These concepts [of distinct mental disorders] are virtually impossible to define precisely with bright lines at the borders.”
Frances might have been referring to the fact that his baby, the DSM-IV, had rearranged earlier definitions of ADHD and Bipolar to permit many MORE diagnoses, leading to a vast acceleration of drug-dosing with highly powerful and toxic compounds.
Finally, at the end of the Wired interview, Frances flew off into a bizarre fantasy:
“Diagnosis [as spelled out in the DSM-IV] is part of the magic…you know those medieval maps? In the places where they didn’t know what was going on, they wrote ‘Dragons live here’…we have a dragon’s world here. But you wouldn’t want to be without the map.”
Translation: Patients need hope for the healing of their troubles; so even if we psychiatrists are shooting blanks and pretending to know one kind of mental disorder from another, even if we’re inventing these mental-disorder definitions based on no biological or chemical diagnostic tests—it’s a good thing, because patients will then believe and have hope; because psychiatrists place a label on their problems…
Needless to say, this has nothing to do with science. …
Dr. Frances’ work on the DSM-IV allowed for MORE toxic drugs to be prescribed, because the definition of Bipolar was expanded to include more people.
Adverse effects of Valproate (given for a Bipolar diagnosis) include:
* acute, life-threatening, and even fatal liver toxicity;
* life-threatening inflammation of the pancreas;
* brain damage.
Adverse effects of Lithium (also given for a Bipolar diagnosis) include:
* intercranial pressure leading to blindness;
* peripheral circulatory collapse;
* stupor and coma.
Adverse effects of Risperdal (given for “Bipolar” and “irritability stemming from autism”) include:
* serious impairment of cognitive function;
* restless muscles in neck or face, tremors (may be indicative of motor brain damage).
Dr. Frances’ label-juggling act also permitted the definition of ADHD to expand, thereby opening the door for greater and greater use of toxic Ritalin (and other similar compounds) as the treatment of choice. …
Psychiatric child abuse isn’t confined to their targetting of unhappy kids with their quackery, it extends to their complicity in obstetrical medicine’s abuse of children. Male genital mutilation is a case in point. The culpability of the “real doctors” is bad enough, but at least they can say that their “therapy” is only lacking in efficacy (for every single problem they marketed it for). Psychiatry on the other hand, has not only refused to address the documented adverse psychological impact (their purported area of expertise) of MGM on infants and adults, but actually promoted it in the interests of social control, and have resorted to labelling people who question the established wisdom. See footnotes 102 and 106 of http://members.tranquility.net/~rwinkel/MGM/primer.html Is medicine full of sado-pedophiles?
These are very sick people.
Complete episode: https://www.youtube.com/watch?v=-ae_QBz2zp0
Despite arguments to the contrary from the Obama administration, mounting evidence suggests that the U.S. economy is rapidly falling back into negative growth territory. More Americans are out of the workforce than ever before, median household incomes are at levels not seen since 1967, and consumer spending is coming to a veritable standstill. The crisis is apparently so significant that a Federal Reserve governor recently said U.S. policymakers are crafting regulations that will force bank depositors to cover any losses should their financial institutions fail.
The question that many are asking is, how did this happen? How, after six years of recovery efforts and trillions of dollars printed, is it possible that the economy is not booming again?
This week the Federal Reserve published a report that claims to have figured it out and it turns out that the renewed economic downturn has nothing to do with foreign outsourcing, high taxation, increased health care costs for business or rising consumer prices for food and energy.
No, according to the Fed it is your fault. Apparently, you are not spending enough money. In order for the economy to recover you need to stop hoarding cash now and get out there and start buying more homes, cars, vacations, and electronics. Otherwise, you’ll only have yourself to blame when the system comes unhinged.
From the St. Louis Federal Reserve:
The issue has to do with the velocity of money, which has never been constant, as can be seen in the figure below . If for some reason the money velocity declines rapidly during an expansionary monetary policy period, it can offset the increase in money supply and even lead to deflation instead of inflation.…
During the first and second quarters of 2014, the velocity of the monetary base2 was at 4.4, its slowest pace on record. This means that every dollar in the monetary base was spent only 4.4 times in the economy during the past year, down from 17.2 just prior to the recession. This implies that the unprecedented monetary base increase driven by the Fed’s large money injections through its large-scale asset purchase programs has failed to cause at least a one-for-one proportional increase in nominal GDP. Thus, it is precisely the sharp decline in velocity that has offset the sharp increase in money supply, leading to the almost no change in nominal GDP…
So why did the monetary base increase not cause a proportionate increase in either the general price level or GDP?
The answer lies in the private sector’s dramatic increase in their willingness to hoard money instead of spend it. Such an unprecedented increase in money demand has slowed down the velocity of money
Top tier economists, it seems, are unable grasp why consumers have decided to hoard – in other words, save – their money even though the central bank is engaged in an unprecedented monetary expansion.
The answer is simple, really, and you don’t need to look at detailed government charts and statistics to figure it out….
First it was “deadbeat homeowners” who were summarily evicted. Now it’s greedy savers who see through the smoke and mirrors of the bought and paid for media. Not just an insult to the victim, it’s an insult to the audience’s intelligence.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton [Friedman] and Anna [Schwartz]: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again. — Ben Bernanke, lying through his teeth.
All a terrible mistake which led to the biggest concentration of wealth in human history up to that time. And guess who profited the most? The shareholders of the federal reserve inc.
The New York Times, long the preferred conduit for war propaganda, has laid out Obama’s plan to defeat ISIS, aka the Islamic State in Iraq and Syria.
The administration warns the effort will take years to complete and continue after Obama has left office. The first phase a sustained air campaign will, the Times claims, roll back ISIS gains in northern and western Iraq. Details on how this will work minus ground troops is not explained.
Next, the United States will shuffle around the government in Iraq to make it “more inclusive.” This is total blue sky.
Following the U.S. invasion and the toppling and eventual execution of strongman and former CIA operative Saddam Hussein, Iraq predictably descended into sectarian violence. This was planned. “What is unfolding is a process of ‘constructive chaos,’ engineered by the West,” writes Julie Lévesque. “The destabilization of Iraq and its fragmentation has been planned long ago and is part of the “Anglo-American-Israeli ‘military road map’ in the Middle East,” an effort introduced during the Bush administration and coined the “New Middle East” by then U.S. Secretary of State Condoleezza Rice.
The final element of Obama’s supposed plan to deal with ISIS calls for a de facto invasion of Syria. The Pentagon estimates this part of the plan will take at least 36 months. …
Gen. McInerney: “We Helped Build ISIS”
Weapons from Benghazi ended up in the hands of Islamic State radicals
During an appearance on Fox News, General Thomas McInerney acknowledged that the United States “helped build ISIS” as a result of the group obtaining weapons from the Benghazi consulate in Libya which was attacked by jihadists in September 2012. …
oops! Guess someone goofed! Better luck next time. You can see why the admin is so uptight about keeping a lid on benghazi. Arming AQ was the plan from the start. Perhaps the ambassador stumbled on it and had to be taken out per the stand-down. At least that would be somewhat hopeful, it would imply there are still non-satanists in the government.